El Salvador Purchases 410 More Bitcoin ( $77,064.00 ) s Amid Market Drop

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El Salvadaor bought 410 Bitcoin ( $77,064.00 ) for $15 million Friday, the country’s President Nayib Bukele said on Twitter.

  • “Some guys are selling really cheap,” he added in his tweet. Bitcoin ( $77,064.00 ) was down about 12% late Friday below $36,500 as the broader crypto prices also retreated.
  • The nation now holds over 1,500 BTC and plans to issue a $1 billion, 10-year Bitcoin ( $77,064.00 ) bond this year.
  • Bukele has been a consistent dip buyer over the past couple of months in a sign of confidence in the cryptocurrency’s long-term prospects.
  • Bitcoin ( $77,064.00 ) officially became legal tender in El Salvador last September, three months after the country’s legislature passed the Bitcoin ( $77,064.00 ) Law.

Read more: El Salvador Plans to Offer Crypto-Based Loans for SMEs





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